Sui has already reacted from the weekly pivot point at 2.62 and is now showing a slight correction. Locally, we could see a bounce from the 2.42–2.47 range.
If the price returns above the pivot point, the next target will be 3.00. In case of negative market sentiment and a break below 2.28, I expect a decline toward 1.89.
If the price returns above the pivot point, the next target will be 3.00. In case of negative market sentiment and a break below 2.28, I expect a decline toward 1.89.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.